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Superyacht Cyber Security Insurance

Cyber Risks

In today’s interconnected world, yachts are not just luxurious vessels but also sophisticated hubs of technology. With advanced navigation systems, communication networks, and onboard entertainment, yachts are increasingly vulnerable to cyber threats. Superyachts cyber security insurance is designed to protect owners from the financial and operational impacts of cyber events.

Our comprehensive cyber risks insurance policies offer peace of mind by covering a range of potential threats, including data breaches, ransomware attacks, and system replacement. Whether you’re cruising the open seas or docked at a marina, our policy ensures that your yacht’s digital infrastructure is covered.

Protect your investment and enjoy your time on the water with confidence, knowing that you have robust cyber protection in place. Welcome to a new era of yacht security with our specialized cyber risks insurance products.

Are Cyber Risks covered in Yacht / Superyacht Policies?

The vast majority of insurers exclude cyber risks as standard.
The majority of yachts do not take up cyber risks cover because the risks are often misunderstood and underestimated.

Reasons: the risks are often misunderstood, and some cover can be expensive.

Solutions: Consider buying back the exclusions on the Hull & Machinery (H&M) and the Protection & Indemnity (P&I) policies to have at least basic cover.

What are the Risks?

Extortion: Cybercriminals may demand ransom to restore systems or data.
Grounding: Navigation systems could be compromised, leading to grounding.
Collision: Interference with navigation systems could result in collisions.
Injuries: Cyberattacks could lead to physical harm to crew or passengers.
Liabilities: Legal liabilities arising from data breaches or system failures.

What Can Be Covered?

Forensic and Restoration Costs: Expenses for investigating and restoring systems.
Legal Costs: Fees associated with legal defence and settlements.
Emergency Accommodation: Costs for temporary accommodation if the yacht is unusable.
Replacement Yacht: Provision for a replacement yacht if necessary.
Hull Damage: Coverage for physical damage to the yacht.
System Replacement: Costs for replacing compromised systems.
Extortion Expenses: Payments made to resolve extortion demands.
PR Costs: Expenses for managing public relations after a cyber incident.
Liability: Coverage for liabilities arising from cyber incidents

What Additional Services Can the Insurer Offer?

24/7 Claim Management: Around-the-clock support for managing claims.
Cyber Risk Management Survey: Assessments to identify and mitigate cyber risks.
Head of Departments Training: Training for department heads on cyber risk management.
Crew Training: Cybersecurity training for the yacht’s crew.
Crisis Response: Immediate response services to handle cyber incidents

Our team of industry-leading experts can help you navigate the complexities of Cyber Risks Insurance and assist you in choosing a comprehensive protection that offers you peace of mind. Contact us today for an assessment of your coverage needs.

Crew Personal Accident and Temporary Disablement Covers

Shield your crew from unforeseen accidents and temporary disablement with our tailored insurance plans. Whether it’s an injury sustained onboard or during shore leave, our comprehensive coverage extends financial security to affected crew members and their families, ensuring they receive the indispensable support required to recuperate and resume their maritime duties with utmost confidence.

Full Crew Healthcare Packages

Embark on a journey of convenience and efficiency with our full crew healthcare packages, offering comprehensive coverage for every facet of your crew’s medical needs, regardless of their location. Our all-inclusive packages encompass an extensive range of services including medical consultations, diagnostic tests, prescription medications, and more, guaranteeing timely and appropriate medical care throughout their maritime journey.

Standalone Crew Liability Covers

At Fort Insurance, we understand the unique challenges entwined within yacht crew operations onboard your vessel. Our commitment remains steadfast in delivering healthcare solutions that prioritise the well-being of both esteemed owners and crew members alike.

Fort Insurance: Your Trusted Partner for Yacht Crew Coverage

At Fort Insurance, we specialise in crafting customized insurance solutions specifically designed for yacht crew.

Our team understands the unique risks and challenges you face. We’ll work closely with you to create a plan that provides comprehensive coverage, whether you’re on a short-term charter or a long-term voyage.

Contact us today and let our experts navigate the complexities of yacht crew insurance. We’ll handle the details, so you can focus on delivering exceptional service aboard your vessel. Navigate the complexities of the maritime insurance industry by speaking to our experts for reliable insurance coverage and healthcare solutions for your yacht crew requirements.